It could have been worse, and it might take a while for it to get better.
That was the message behind reports from retailers Thursday on January and fourth-quarter sales, which combined with 2014 forecasts from the National Retail Federation and Customer Growth Partners to paint a picture of a retail market that is likely to remain intensely promotional and highly vulnerable to the effects of harsh winter weather and a sputtering recovery for at least the first half.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)